This week was chaotic at the CFPB, America’s top consumer finance regulator, but now Trump pick and harsh CFPB critic Mick Mulvaney is in control of the agency until a new Trump appointment clears the senate as the permanent replacement. The last 4 links below are key stories on how it’s played out so far this week. Here’s Mulvaney’s quote about his takeover (from USA Today link below). Let’s see how this one ages.
“Elections have consequences at every agency, and it includes the CFPB.”
-Trump appointee Mick Mulvaney, 11/29/17, the day after he took over CFPB
But first let’s begin with some housing and consumer finance trend stories in today’s links.